Lords Group Trading (LON:LORD) Given “Buy” Rating at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Lords Group Trading (LON:LORD) in a report released on Thursday, MarketBeat Ratings reports. The brokerage currently has a GBX 80 ($1.06) price target on the stock.

Lords Group Trading Price Performance

LORD stock opened at GBX 31.36 ($0.42) on Thursday. The company has a debt-to-equity ratio of 196.86, a quick ratio of 0.77 and a current ratio of 1.31. Lords Group Trading has a 52-week low of GBX 23.60 ($0.31) and a 52-week high of GBX 50 ($0.66). The company has a market capitalization of £50.08 million, a P/E ratio of -27.90 and a beta of 1.18. The company has a fifty day moving average price of GBX 26.40 and a 200-day moving average price of GBX 31.59.

Lords Group Trading (LON:LORD) last announced its earnings results on Thursday, May 8th. The company reported GBX 1.85 ($0.02) EPS for the quarter. Lords Group Trading had a negative return on equity of 3.69% and a negative net margin of 0.40%. As a group, equities analysts expect that Lords Group Trading will post 3.6 EPS for the current year.

Lords Group Trading Company Profile

Lords Group Trading is a leading distributor of building, plumbing, heating and DIY goods in the UK. The Group is principally focused on the growing Repairs, Maintenance and Improvement (RMI) market, with approximately 80 per cent. of the Group’s demand focused on this segment of the construction market.
The Group principally sells to local tradesmen, hardware stores, small to medium sized plumbing and heating merchants, construction companies and retails directly to the general public.

The Group seeks to grow through a variety of organic and inorganic strategies, including geographic reach, product expansion, the active expansion of e-commerce platforms and the continued investment in its logistical capability.